Supercharge Your Innovation With Domain-Expert AI Agents!

In particular a method and system for electronic payment transactions using contactless payment means

A technology of electronic payment and transaction method, applied in payment system, payment system structure, point-of-sale network system, etc., can solve problems such as reducing user comfort and incompatibility

Inactive Publication Date: 2016-03-02
SMK CO LTD
View PDF3 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

This structure reduces user comfort and above all it requires a contact surface for payment cards, it is not suitable for payments using payment cards inside mobile communication devices

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • In particular a method and system for electronic payment transactions using contactless payment means
  • In particular a method and system for electronic payment transactions using contactless payment means
  • In particular a method and system for electronic payment transactions using contactless payment means

Examples

Experimental program
Comparison scheme
Effect test

example 1

[0039] In this example, the system comprises a mobile communication device 4 , a terminal 2 with an NFC reader, a payment processing server 5 , and a connection between the terminal 2 and the payment processing server 5 . The mobile communication device 4 is represented, for example, by a NOKIA 6131 mobile phone. A removable card 1 with memory in microSD format is inserted into a slot of a mobile communication device 4 . The payment card 1 and the NFC communication element 7 are located on a removable card 1 with a memory of common standard size. The card 1 is provided with a memory for storing payment documents, the memory in the form of a security element, respectively having the shape of the actual extent of the security element. The ARQC payment file is stored in the card 1 even after it has been reset. During the first phase of the transaction, after interruption of the communication link 3 between the card 1 and the terminal 2, the card 1 is caused to be reset by recon...

example 2

[0045] The process of online payment transactions is realized in two steps - pre-processing and post-processing. A contactless application fulfilling specifications such as PAYPASS and PAYWAVE can be used as a payment application. On card 1 there are two separate applications - PAYPASS / PAYWAVE and PAYPASS / PAYWAVE_POSTPROCESS. These applications reside in a security domain and are EMV compliant, although they share at least three common variables (data elements): offline counter, application transaction counter (ATC), last online application transaction counter (LATC). Applying PAYPASS / PAYWAVE temporarily stores the ARQC value, which is later provided to PAYPASS / PAYWAVE_POSTPROCESS in POSTPROCESS, so this does not have to be recounted again, saving time. According to the invention, a new type of Terminal 2 is introduced: Terminal_Type=27 (POSTPROCESSTERMINAL2).

[0046] The solution provided makes it possible to place the mobile phone close to the terminal 2 twice. At the fi...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

A method of electronic payment transactions, characterized by the fact that during the processing of a payment transaction, the communication link (3) between the card (1) and the terminal (2) is interrupted, and the original communication link is interrupted (5) Afterwards, the ARPC response file is received by the card (1). The two phases are separated by resetting of the card (1), wherein in the second phase the initial payment data (ARQC) is used. The electronically signed ARQC payment file is stored in the memory of the card (1) at least until the corresponding time of receipt and processing of the ARPC answer file. This solution makes it possible to place the mobile phone with the payment card (1) close to the card reader of the terminal (2) twice. At the first time, a request for online authorization is generated, and at the second contact, the information of the payment processor (5) is recorded in the payment application.

Description

technical field [0001] The present invention relates to a process and system for an electronic payment application using a payment device in the form of a payment card. It relates to a method of direct debit payment transactions using a contactless payment device adapted so that it can be plugged into a mobile communication device. Background technique [0002] Point-of-sale (POS) terminals are commonly used to process electronic payment transactions using different chip payment cards. These terminals are connected to a remote payment processor in the form of a settlement center belonging to the payment card issuer or bank. At the start of the payment process, the chip of the payment card is reset into its initial position. After reset, information about the card and terminal type is exchanged between the card and the terminal. These basic identifications bring the connection between the card and the terminal into a position that allows communication with each other and w...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Patents(China)
IPC IPC(8): G06Q20/20G06Q20/32G06Q20/00G06Q30/00
CPCG06Q20/20G06Q20/3227G06Q20/343G06Q20/352G06Q20/3574G06Q20/40G06Q20/4012G06Q20/425G06Q30/04
Inventor 米罗斯拉夫·弗洛赖克米夏尔·马萨里克
Owner SMK CO LTD
Features
  • R&D
  • Intellectual Property
  • Life Sciences
  • Materials
  • Tech Scout
Why Patsnap Eureka
  • Unparalleled Data Quality
  • Higher Quality Content
  • 60% Fewer Hallucinations
Social media
Patsnap Eureka Blog
Learn More

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2025 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com